"Market forecasting platform Polymarket has attracted $45 million in investments from investors such as Peter Thiel's Founders Fund and Ethereum creator Vitalik Buterin. The cryptocurrency-based platform is actively developing ahead of the US presidential election. Other participants include 1confirmation, ParaFi and Dragonfly Capital. In total, Polymarket has raised approximately $75 million. The company also hired Richard Jacobs as head of market expansion."